Maybe there are other coins that offer more privacy but they are not old and famous as Bitcoin. Bitcoin is the most trusted coin. it is affordable to everyone. Cryptocurrency users look for anonimity and Bitcoin afford the minimum required. I thinl the biggest advantage of Bitcoin is decentralization.
Well yeah, I think this is the big reason that people are sticking with it. Bitcoin offers enough for most users.
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Looks like it is going back down, so if you were ever interested in it then this is a good time to get involved.
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If they keep quiet and not tell anyone their Bitcoin address then they can stay anonymous. That is why most people like using Bitcoin for certain transactions.
How do you cash out bitcoin then? If you use an exchange they will have your connected ID. If you sell in person, someone will see you etc
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What the point to accept bitcoin in businesses? There's so long transactions and high fees.. For me bitcoin is just as a digital gold. To pay for different stuff it is cheaper, faster and better to use some other coins like litecoin.
The fees are paid by the buyer, so if the business holds the coins it could be profitable. I do agree though, if the company is selling for fiat 1:1 then there isnt a big need for it.
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This is just another dip, and it will end at some point, i still can not understand why there is a lot of people always being drowned on their own fear. People, there is no need to be afraid of this, in fact, the price is going up again right now, $12000 just now.
Most of the fear is coming from people that have not been in the market long enough to see that this happens often.
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This is good portfolio. Thanks or sharing. My portfolio at the moment i hold about 20 different altcoin because so many altcoin that has huge potential and i dont know excalty which will be most promising one.
Hard to invest in a lot of different coins because you have to keep up with them. Watch the road maps and specific news pertaining to the coin. Lots of work but can be rewarding.
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thanks a lot! some of information was usefull!
Thanks I appreciate it. If you have any suggestions feel free to let me know. Edit: If anyone comments their eth address on a video and subscribes to the channel you have a chance to win coins. Check out my latest video for more information
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Many people actually think that Bitcoin is completely anonymous which is obviously false. Bitcoin is pseudo anonymous, everyone can view transaction details. Staying anonymous is really important because someone could use information about your wealth against you. I'm not surprised that quite a lot people decided to switch to Monero or Zcash. They both support fully-anonymous transactions. We should focus on making transaction fees lower. Then we can work on this issue.
Yes and in my Medium article I talked alot about this. You dont have to be a "scammer" to utilize anonymous transactions. Lots of people dont want others to know their wealth for obvious reasons and businesses wouldn't want competitors to see balances.
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This question can be applied to any coin but I see some Ether's advantages. It is reliable, cost-effective, useful and multifunctional.
Yeah of course , Ethereum is very complex and the 2nd coin by market cap so I assume it is very popular here.
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It will become a stepping stone for other companies to show interest in the bitcoin technology, they may end up accepting it right over the counter but this needs a lot of preparation like use of cards with bitcoin balances. Cause ordering it online you'll end up eating cold lunch, or at least in other countries with bad traffic situations and slow internet connections. but, of course, this is good news and a good start!
This is true, I just think for the most part it was a marketing stunt.
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Indeed we should evaluate the coin we invest but the advice and opinions of others also need to be considered besides us do research directly, so it would be better to combine them to minimize the investment risk.
Yes of course, it is good to find a balance and not solely depend on advice.
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The drop did not seem to last long I think the price is only good for one night and after that, the price of bitcoin is slowly recovering the dip so there's no need to panic. Although the concern here is that influential countries like for example China are seemingly relishing their ban for bitcoin in their place which is why the demand of bitcoin in some place are going down.
The increase in tether might have bailed out the bitcoin. Kinda nervous about it.
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I like your portfolio. But I oh, just 1% BTC and XMR That's quite little in my opinion. What would you suggest? you have good coins ,however, you aren't dividing them properly . put some in STRATIS
I dont like Stratis.
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I am no longer supporting this.
Is there a reason you're no longer supporting it that people here should be aware of or is it more of a personal falling out? I am just doing my own thing. I was only there to create content, I am not actually apart of the project so I cant guarantee its support.
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I don't know why are you keeping such a big part of your portfolio in ETH right now and I have some doubts about the purpose of some other coins (OMG for example) but looking backward on the crypto market I still belive in their growth. The coolest thing in your thread is that you are one of the few people that bothered to give an explanation to the logic of making investments instead of saying "this shit is good, buy it and it wil make x100". Thanks mate.
You have to remember that I bought ETH awhile ago, and so since it has been on a tear it has taken a large percent of my portfolio. ( although I have been profit taking and adjusting it ) I am a strong believer in it, and see the 2018 future. Thanks I appreciate it Indeed, in my opinion, your portfolio is indeed excellent. But why not invest in some ICO projects? If the money invested in the ICO project accounts for 20 percent of all your money, you won't care if it goes to 0, but the benefits will be substantial.
I do invest in some ICO's, however I have not found many that have sparked my attention. I have also bought some in the past and then sold on exchanges which is why they weren't listed, and because I rounded up the percents not everything was shown. A fantastic strategy. I like to do the same, and I support you 100%.
Building a strong portfolio (a good portfolio will steadily increase in value over time, no matter what happens to the individual tokens/coins inside it), deciding on what to trade, what to hold short, what mid and what long term and rolling off your investments is really a way to go.
Timing the market is the hardest thing for trading and short term holding but if you simply follow the general rule you described about when to buy and when not - it should be more or less fine.
One should also have a good tracking system - like keeping everything noted in an app like Blockfolio. And I also suggest keeping an eye on airdrops. There were a lot of rubbish ones lately, but you can indeed earn a lot by investing nothing except a little time.
Thanks I appreciate it Yeah for sure, I track my investments on a lot of different trackers and have a excel for tax purposes.
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If you have a budget I can do the ICO review. Simply PM me.
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I think it is quite difficult to implement country specific regulations. The ICO projects could just bypass it by registering itself in some countries that don't regulate ICOs. As cryptocurrencies are all about decentralisation, I believe there should be community driven effort to self regulate these ICOs. I could see there are some platforms trying to do that, it takes time for them to grow and mature and to become the gold standard in the crypto world.
I dont think we necessarily need regulations, we need standards as a community. We need to stand out against the shitty projects and get smarter with what we allow to pass.
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